The Rappahannock National Bank of Washington

Headquarters

257 Gay Street
Washington, VA 22747
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.65% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

The Rappahannock National Bank of Washington is an FDIC insured institution located in Washington, VA. It was founded in 1902 and has approximately $0.19 billion in assets.

FDIC Insured Yes
FDIC Certificate # 6925
Date Established 1902
Assets $ 194.11 million
Loans $ 136.62 million
Deposits $ 169.80 million
Capital $ 19.51 million
 

For a more detailed analysis of The Rappahannock National Bank of Washington's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - May 6, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - May 6, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for The Rappahannock National Bank of Washington

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.368% 3.250%
1.00 points
$3,750 fees
$1,089 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to The Rappahannock National Bank of Washington
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Branches

The Rappahannock National Bank of Washington branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


The Rappahannock National Bank of Washington Locations


Financial Details

The Rappahannock National Bank of Washington Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Rappahannock National Bank of Washington. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
The Rappahannock National Bank of Washington U.S. Bank Average
18.19% 5.49%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2020, The Rappahannock National Bank of Washington had $2,848,000 in non-current loans and $985,000 in owned real estate. To cover these potential losses it had $19,508,000 in equity and $1,567,000 in loans loss reserves. That gives it a Texas Ratio of 18.19%.

Return on Equity
The Rappahannock National Bank of Washington U.S. Bank Average
9.05% 9.24%

The Rappahannock National Bank of Washington has a Return on Equity of 9.05% versus the BestCashCow average of 9.24%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
The Rappahannock National Bank of Washington U.S. Bank Average
10.05% 11.96%

The Rappahannock National Bank of Washington has a Capitalization of 10.05% versus the BestCashCow average of 11.96. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

The Rappahannock National Bank of Washington Balance Sheet Analysis

As of November 30, -0001, The Rappahannock National Bank of Washington had assets of $194,114,000, loans of $136,623,000, and deposits of $169,797,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 136.62 million
Loan loss allowance $ 1.57 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.99 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 169.80 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 194.11 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in The Rappahannock National Bank of Washington’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, The Rappahannock National Bank of Washington’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About The Rappahannock National Bank Of Washington

Branches and Savings

Is The Rappahannock National Bank Of Washington FDIC insured?

Yes. It is covered under FDIC Certificate #6925.

Why does The Rappahannock National Bank Of Washington pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are The Rappahannock National Bank Of Washington CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is The Rappahannock National Bank Of Washington a commercial bank?

Yes

Where are The Rappahannock National Bank Of Washington locations?

See branch locations nearby.

Is The Rappahannock National Bank Of Washington open on Saturdays?

Is The Rappahannock National Bank Of Washington open on Sundays?

What time does The Rappahannock National Bank Of Washington open?

What time does The Rappahannock National Bank Of Washington close?

Are The Rappahannock National Bank Of Washington ATMs Open 24/7?

Do The Rappahannock National Bank Of Washington ATMs accept cash deposits?

Can The Rappahannock National Bank Of Washington customers use other ATMs?

Do The Rappahannock National Bank Of Washington branches have notaries?

Will The Rappahannock National Bank Of Washington notarize my document?

What address for The Rappahannock National Bank Of Washington should I put for incoming ACH transfers?

Will the The Rappahannock National Bank Of Washington branch print checks?

Do The Rappahannock National Bank Of Washington checks expire?

Does The Rappahannock National Bank Of Washington require US citizenship to open account?

Can The Rappahannock National Bank Of Washington close my account?

Does The Rappahannock National Bank Of Washington Report to credit bureaus?

Does The Rappahannock National Bank Of Washington Use Equifax?

What is The Rappahannock National Bank Of Washington's ACH Routing Number?

What is The Rappahannock National Bank Of Washington's SWIFT code?

Products

Does The Rappahannock National Bank Of Washington offer mortgages?

Compare mortgage rates here.

Does The Rappahannock National Bank Of Washington offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Rappahannock National Bank Of Washington offer personal loans?

Compare personal loan rates here.

Does The Rappahannock National Bank Of Washington offer student loans?

Will The Rappahannock National Bank Of Washington cash a check?

Will The Rappahannock National Bank Of Washington redeem a savings bond?

Does The Rappahannock National Bank Of Washington cash savings bonds?

Will The Rappahannock National Bank Of Washington cash money orders?

Can The Rappahannock National Bank Of Washington issue a money order?

Does The Rappahannock National Bank Of Washington do currency exchange?

Background on The Bank

Who owns The Rappahannock National Bank Of Washington?

How long has The Rappahannock National Bank Of Washington been around?

Can The Rappahannock National Bank Of Washington transfer to other banks?

Does The Rappahannock National Bank Of Washington have quick pay?

Does The Rappahannock National Bank Of Washington accept rolled coins?

Will The Rappahannock National Bank Of Washington accept loose change?

Where is The Rappahannock National Bank Of Washington headquarters?

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